Exhaust all federal grant and loans available to you before considering a private (alternative) loan. You may qualify for loans or other assistance under title IV of the HEA (Pell Grants, Stafford, Perkins, FSEOG grants and PLUS loans) and the terms and conditions of title IV, HEA program loans may be more favorable than the provisions of private education loans. Student Lending Analytics has developed a list of private loan options for undergraduates to serve schools and their students who need a focused and neutral resource for help in finding a private student loan. These lenders appearing below appeared most frequently during an analysis of over 400 school lender lists in August of 2009 and has been augmented as SLA has become aware of other competitive products. Standard disclosures for each loan can be found by clicking on the lender's name in the chart below.

Disclaimer
SLA is an independent research and advisory firm that has NO affiliations with any student lenders. SLA HAS RECEIVED NO CONSIDERATION FROM ANY LENDERS FOR PLACEMENT ON THIS LIST. Placement on this list DOES NOT in any way constitute an endorsement from SLA NOR should it be construed as a preferred lender list. You are free to borrow from any lender of your choice. While SLA has made every effort to confirm each of the lender loan terms described below through website research and multiple calls to lender customer service representatives, it cannot guarantee its accuracy. Furthermore, not all the lenders listed below lend to all students at all schools. The borrower should confirm any and all loan terms with the lender PRIOR to accepting the loan. Each lender’s position on the list is randomly determined and will change each time this page is refreshed. SLA will update this page as necessary and will provide a date of last update at the top of the page. The information provided below is subject to change without notice.

Fees: The fees charged are typically added to the principal amount owed at the time they are assessed.

Origination Fees are assessed upon receiving the loan.

Repayment Fees are assessed upon entering repayment.

Late payment fees are also typically charged by the lender, but those fees are excluded from the table above.

Auto payments: Automatic debit payments made via a bank account. Many lenders offer a benefit in the form of an interest rate reduction for signing up for these automatic payments.

IRR - Interest rate reduction. Benefits awarded to the borrower that lead to the interest rate being reduced can include signing up for auto payments, making a certain number of consecutive on-time payments and simply by graduating.

Co-Signer Release - Student has had loan co-signed (typically a parent or close relative). A number indicates the number of consecutive, on-time monthly payments required for co-borrower release. In many cases, student must meet some credit-based criteria in addition to making the on-time payments.